SOURCE: Maybach Financial Group

Maybach Financial Group

October 15, 2007 04:00 ET

Mind Your Mines: Report on Glencairn Gold Corporation (TSX: GGG), Sterling Mining Company (TSX: SMQ) and MAG Silver Corporation (TSX: MAG)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Maybach.

GRANDE BAY, MAURITIUS--(Marketwire - October 15, 2007) - Comments made in this release are those of Maybach Financial Group and any questions or comments should be directed to the contact information located at the bottom of this release.

Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the markets, we are focusing on Glencairn Gold Corporation (TSX: GGG), Sterling Mining Company (TSX: SMQ) and MAG Silver Corporation (TSX: MAG). For the full report, visit

The Maybach Financial Group will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.

Toronto Stock Exchange (TSX) and TSX Venture Exchange are leaders in the mining sector. More mining companies are listed on TSX and TSX Venture Exchange than any other exchange in the world. As a result, they offer mining companies membership in the largest peer group of mining companies anywhere, providing the benefits of premium valuations, visibility of transactions, analyst coverage, specialized indices and specifically tailored listing requirements.

Glencairn Gold Corporation (TSX: GGG) is a growing gold producer with mining and exploration activities focused in Central America. The Company operates the Bellavista Mine in Costa Rica and the Limon Mine in Nicaragua and plans to convert a third mine, the Libertad Mine in Nicaragua, to conventional milling and expand annual gold output. It holds a 60% interest in the Cerro Quema Project in Panama and a 100% interest in the Mestiza Project 70 kilometres from the Limon Mine. The Company focuses on efficient and productive mining practices to establish a firm base of quality operations. Glencairn is committed to growth by optimizing current operations and expanding mineral reserves at existing mines.

Another newly listed company, Sterling Mining Company (TSX: SMQ), is a production-oriented company focused on acquiring, exploring, and developing primary silver projects in North America. The Company's flagship project is the historically notable Sunshine Mine in North Idaho's prolific Coeur d'Alene Silver Valley mining district. The Sunshine Mine has produced more than 360 million ounces of silver from 1884 until its closure in early 2001. Sterling Mining Company acquired control of the Sunshine Mine in June 2003, along with a mill, extensive mining infrastructure and equipment, a large land package, and a detailed exploration, development, and production database. A comprehensive multi-stage program aimed at rehabilitating and returning this underground mine to long-term sustainable production is in progress.

And last week, another newly listed silver mining company, Mag Silver Corporation (TSX: MAG) hit the market scene. MAG is a silver exploration company focused on projects located within the Mexican Silver Belt. Our large land inventory is well positioned in mining districts with historical and ongoing large-scale, high-grade silver production. MAG's exploration efforts are engaged in the search for world class, high grade silver deposits on a district scale. Our mission is to become one of the premier silver companies in the Silver Mining Industry. MAG has recently reported significant silver intercepts on its Juanicipio and Batopilas projects. MAG is based in Vancouver, British Columbia, Canada and trades on the TSX under the symbol MAG and on the AMEX under the symbol MVG.

Combined, Toronto Stock Exchange and TSX Venture Exchange have over 1300 mining issuers, from grassroots explorers to world-class producers, valued at over US$373.0 billion as of June 30, 2007. In the first half of 2007, 36 new mining companies have listed on TSX and 28 have listed on TSX Venture Exchange. TSX and TSX Venture mining issuers raised US$8.55 billion in equity capital financing on TSX in the first half of 2007, and US$11.0 billion in 2006. Over 40 billion mining shares, valued at US$208 billion, traded on Toronto Stock Exchange and TSX Venture Exchange in the first half of 2007.

So keep these companies in your cross-hairs and make sure you visit to receive our Special Report #1 with information on how to combat the markets.

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Maybach Financial (Maybach) is not a registered broker dealer or a registered investment advisor. No information accessed through the Maybach Web site or this release constitutes a recommendation to buy, sell or hold any security in any jurisdiction. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein. There is no financial relationship that exists between the issuer of this release and the company whose stock is mentioned in the release. Please view the disclaimer at

Statements made in this release may include forward-looking statements and projections, made in reliance on the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. Maybach has made every reasonable effort to ensure that the information and assumptions on which these statements and projections are based are current, reasonable, and complete. However, a variety of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this release. Maybach makes these statements and projections in good faith, neither Maybach nor its management can guarantee that the transactions will be consummated or that anticipated future results will be achieved. All material herein was based upon information believed to be reliable. The information contained herein is not guaranteed by Maybach to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. Maybach assumes no obligation to publicly update or revise any forward-looking statements made herein or any other forward-looking statements made by Maybach, whether as a result of new information, future events, or otherwise.

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